An Amazon gift card is a card that has already been loaded with a set amount of money and then sent out to the receiver. The receiver could be anyone. It could be a gift to your partner, best friend, and anyone. Amazon gift cards can be purchased in almost any amount. Amazon gift cards can be redeemed on Amazon to buy anything on Amazon.

Buying an Amazon Gift card

Basically, there are 3 types of Amazon gift cards

1. Amazon e-gift card

These are not sold in any stores and can only be sent out by email. When selecting this type of Amazon gift card, you can choose an already set amount or if you have an amount in mind, that also works. This is the most popular kind of gift card as it is available to everyone. It is also fast to acquire, usually within 5 minutes if there’s nothing wrong with your cards.

2. A Print at Home Amazon gift card
We also call this a DIY Amazon Gift card (DIY as in Do It Yourself). This type will be sent to you as a PDF after you make payment. Then, you can proceed to print in your house. This feature is not available in Nigeria.

3. Physical gift cards

The physical gift cards are sold in stores.

3 Facts about Amazon Gift Cards

1. Amazon gift cards never expire.From the time you redeem your gift card to the time you actually want to use it, your gift card cannot expire. Your funds are available till you’re ready to make a purchase on Amazon.

2. Amazon offers a variety of customization options for their gift cards. This means you can decide to customize your Amazon gift cards, anyhow you want it. There are hundreds of design available on Amazon to choose from.

3. Your balance cannot be transferred to someone else or be used to purchase other gift cards. You cannot use Amazon gift cards to buy eBay gift cards or Google Play Gift cards. You can only shop on Amazon with your Gift Card.

How To Redeem Amazon Gift Card

1. Log into your amazon account
2. Go to “redeem a gift card”
3. Enter the code on the gift card
4. Select “Apply to balance”

What You Can Do With Unused Amazon Gift Card

If you have an amazon gift card you do not need, you can sell it off for cash at a discounted price. How much you will get varies, because Amazon gift card rates depend on what receipt you have. For example, Amazon gift card with no receipt costs between 220 – 400 naira per dollar. That’s around 22000 to 40000 naira.

Alternatively, you can use this automated gift card rate calculator so you can as well check the current rates to be sure of the exact rate anytime.

SOURCE: https://prestmit.com/blog/3-things-you-should-know-about-amazon-gift-cards/

So how do these yahoo small boys use it for scam?

Turn Gift Cards to Cash | Sell and Buy on Prestmit [Full PrestMit Tutorial

https://www.youtube.com/watch?v=wO5zA-29WVo?feature=shared

Regards